@ Mark H
Can't stand misinformation so here goes:
"Plus the PS3 is really struggling in Japan and the US." Considering the PS3 has outsold the 360 in both Japan and the US this year (and trounced it in Europe), if the PS3 is "struggling", what is the 360? Dead???
"It does have a noisy DVD drive (although this has never bothered me) - but this problem will be alleviated in a few weeks time with the release of the Autumn update which will allow you to install games to the hard drive. Also it's no longer unreliable and very few people purchased the HD DVD drive anyway - people just aren't all that interested in a HD optical format."
You can install a whole 3 games on a 20GB premium console, and NONE on the arcade. Tell me again how this fixed the noise problem? Installs take about an hour. As for reliability, sorry, that is Microsoft lies (just like the original lies, that there were no RROD problems), the current units are just as unreliable.
"Ever heard of Xbox Live Arcade for starters? Then we have Guitar Hero, Rock Band (is that even out on the PS3 yet?) and all of the other multi platform multi milion sellers. I see you've also glossed over the amazing exclusives too."
Ever heard of PSN? It's like XBLA, but with much higher quality titles, none of the crud. And yes Rockband for PS3 is out, it has been for over a year (PS3 is region-free for gaming) so is Guitar Hero. RB2 is out soon too, the same day as the 360 version.
"The Arcade isn't 'crippled' at all, it just lacks the hard drive which isn't even needed to play games online anyway "
Errm, so I can play Burnout Paradise Online on a 360 Arcade? (Nope...)
What about Football Manager? (Nope HDD required)
Can I play the forthcoming GTA IV DLC? (Nope HDD required).
Can I play ANY forthcoming DLC? (Nope HDD required)
Can I download games from XBLA? (as long as they are less than 256MB, and then only 1 game).
How is that not crippled? It's hideously cripppled. Once you add the cost of the HDD (120GB, as clearly a 20GB drive, which can only install 3 freaking games is clearly insufficient), you are close the price of a PS3 (£279), Add the yearly recurring cost of Xbox Live (£50 a year), and you exceed it. Keep it for a couple of years and you are £100 out of pocket (~3 games). This does not even consider you don't get Wifi or Blu-ray in the 360.
Gimped and under-spec'd. Get a Wii or a PS3. It's simple, both fit their function. The 360 cannot decide what it wants to be. Last year it was a movie player (before HD DVD died), now that's not a focus anymore, now the Arcade wants to be a Wii, the Elite wants to be a PS3. Neither make a very good job of trying to be either.